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Search Results 0 to 49 of about 166 (some duplicates have been removed)
CSPAN
Dec 30, 2012 6:30pm EST
on the latest fiscal cliff news. >> the evening. in keeping with the holiday spirit, maerry everything and happy always. would it be that we could make the american people happy by attending to the work at hand. we just concluded a caucus. our membership is as frustrated as the american people we are sworn to serve because we understand and continue to be befuddled why we cannot bring a proposal to put the country back to work. why we cannot deal with a tax cut for the middle-class, the specially when both sides agree that the country needs to go back to work. and that we need a middle-class tax relief. the president said it well -- both on friday and today. if we cannot -- if they cannot come to agreement in their own conference, if they continue to self-destruct before our eyes in their own conference, then a minimally they have a responsibility, as the president suggested, to bring his proposal to the floor for an up or down vote on behalf of the american people. that is what we continue to focus on, putting the country back to work and the jobs that everybody knows will assist in bringing do
CBS
Dec 28, 2012 4:00am EST
connell, and harry reid to the white house this afternoon for a fiscal cliff summit. >> here we are five days from the new year, and we might finally start talking. >> today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chamber of commerce. >> i don't know time wise how it can happen now. >> under senate rules, the only way a bill could make its way through the procedural hurdles in time is if every senator agrees not to. they'll have 24 hours. outside the beltway, carlino will be watching. >> everyone is kind of in a wait-and-see and fingers-crossed per expect tichb right now. >> since 1930 this is only the fifth time congress has worked after christmas. and today's summit is the first time president obama has met face to face with congressional leaders since mid-november. duarte, tick tock. >> thank you. >>> general schwarzkopf is being remembered this morning as a great hero and tactician. as teresa garcia the general died yesterday at his home in tampa from complications related to pneumonia. >> repo
FOX News
Dec 26, 2012 2:00am PST
of the president. fox news confirming he will be cutting his vacation short to get back to work on the fiscal cliff. peter doocy has more. >> president obama will departed hawaii for washington, d.c. late tonight leaving his wife michelle and daughters sasha and malia behind. the latest guidance we have from white house is that the president will be back here in the nation's capital where it is presently 36 degrees sometime tomorrow morning. united states government is set to go off the fiscal cliff on new year's day. at this point we don't know if the president plans to return at the to hawaii if the tax hikes are avoided well in advance of the of the new year. he's there to talk to himself. john boehner will come back at any time. his office told us it would be sometime after christmas. so he could be back as soon as today. the upper chamber in commerce is coming back tomorrow to pick up where they left off on the important domestic surveillance bisa. they will meet for a vote on the $50.6 billion bill for hurricane sandy relief. they will be back in the same zip code as far as we know there are
PBS
Dec 27, 2012 4:30pm PST
for the new congress to start work. if a fiscal cliff fix isn't passed by then, the start of a new congress will likely delay matters even more. which is why the focus now is on reaching a nano-deal. >> the minimal that they can put together to avoid the fiscal cliff which will have sadly almost no impact on the long- term debt trajectory, but right now, neither markets nor the congress care about that. >> reporter: congress has never been terrific at long-range planning, but now the definition of long range seems to be 48 hours. >> you don't hear people talking, well a year from now, we allyeed to be here. you hear, well we need to do that this week. we need to do that day after tomorrow. this short-time frame horizon is new and i think people who think we are going to have tax reform and entitlement reform next year are way, way off base. >> cutting short his vacation but it's unclear whether he has the power to force a last minute solution through a deeply divided congress. >> darren gersh. >> so, joe, how bad could that be? >> i had, susie. unfortunately, the economy has been gaining mo
CBS
Dec 28, 2012 4:00am PST
kong's hang sheng added a quarter percent. a new report suggests the looming fiscal cliff is forcing consumers to lose confidence in the nation's economy. the conference board said on thursday that its consumer price index fell sharply in december for the second consecutive month. that's the lowest level since august. for the fifth consecutive year, individual investors have pulled their money out of the stock market. it's estimated to be about $380 billion. many are investing in bonds which are considered safer investments. wall street stocks sank for a fourth consecutive day. the dow lost 18 points. the nasdaq was off 4 points. >>> the housing market shows new signs of a rebound. they said on thursday that the sale of new homes increased by 4.5% from the month before. that's the fastest pace in two years. record low mortgage and stable job gains fueled the increase. >>> dangerously low water levels could force shipping to stop between st. louis and illinois on the mississippi river next week. the mississippi is suffering from months of severe drought. it does an estimated $7 billio
FOX News
Dec 31, 2012 2:00am PST
to the fiscal cliff to new year's eve to the nfl post season on my last day as you said and clayton's birthday mind you. an update on hillary clinton's condition in just about 10 minutes join us for "fox & friends" 6-9 eastern time. >> welcome back. it is 52 after the top of the hour. let's span the globe to see what's happening in headlines. hugo chavez is reporting from new complications following his recent cancer surgery there. so far we are hearing those complications are stemming from a respiratory infection and his condition is delicate. next to northern ireland where police officer manages to escape a bomb found under his car. so far no one is claiming responsibility for planting the device. finally to columbia where a massive land slide completely cut off a highway and buried cars there. at least five people were killed. a search is underway right now for 25 people that are missing. patti ann? >>> the count down to 2013 is on. over 1 million people preparing to pack times square to ring in the new year. lawmakers may ring in the new year by going over the cliff. lauren simonetti joins
CNBC
Dec 26, 2012 7:00pm EST
in washington. we learned just a few hours ago that not only is the fiscal cliff deadline on new year's eve, we are going to hit the debt ceiling on the very same day. we are about to go to washington for a live report. now to national weather. deadly storm slamming the midwest and the south now hitting the northeast. this is all coming just as millions of americans are waiting to take flights important the holidays. suburban new york newspaper chooses to publish the names and addresses of thousands of private citizens who have legal gun permits. can the mainstream media still claim not to hate all gun owners after a stunt like this? "the kudlow report" starts right now. let's get the latest on the snag on the fiscal cliff talks and surprise news we are going to reach the debt ceiling in days instead of just a few months. john harwood has the details. what's going on? >> not a whole lot of actions going on. although there have been some developments. let me bring our viewers up to date on those. first of all, treasury secretary geithner this afternoon announced the united states would hit the s
MSNBC
Dec 28, 2012 2:00am PST
better. >>> as those fiscal cliff worries become mo, the stocks skidded on thursday. on news that house members will return to negotiations on sunday evening. the latest penning home sales data comes out at 9:00. >>> the dairy industry is calling it the milk cliff. if congress doesn't approve a farm bill, the price of milk could skyrocket from 3.65 to as much as 8. all dairy products will be affected. >>> now to another looming crisis, dock workers at more than a dozen ports across the country are threatening to walk out on the job sunday. strikes along the east coast will create a domino effect. the white house is urging an agreement as quickly as possible. >>> month will rents are on the rise. it's up 3.7% over last year. >>> travelers have attempted to carry 1500 firearms onboard airports in 2012. a separate report found that most firearms were confiscated at atlanta's heartsfield airport. >>> sea world is hoping to make a big splash by going public. it's hoping to pay down debt by going public. no word on a stock price for investing in shamu. >>> where do you get the best bang for y
FOX News
Dec 29, 2012 1:00am PST
to going over the fiscal cliff, the partisan rhetoric reaches new lows. can washington hammer out a deal before it's too late. the american people should be outraged at this because it is disgraceful. it is purposely misleading. >> shocking developments at the state department. the four officials supposedly out of their jobs after the benghazi terror attack reportedly still on the government payroll. how can that be? [chanting] protect the constitution. >> the liberal "new york times" says last month's election significantly weakened the tea party. is that true? we will have a debate. chanting] >> u.s.a. >> caution, you where to enter the no spin zone. the factor begins right now. >> i'm greg gutfeld in for bill o'reilly. thanks for watching us. our top story tonight, the last ditch effort to avert the fiscal cliff. president obama met with congressional leaders for several hours at the white house today to try to hammer out a deal before taxes go up on more than 160 million americans. after the meeting, the president presented a new plan to avoid the cliff and said he was modestly optim
CNN
Dec 27, 2012 4:00am PST
the fiscal cliff. happy new year. here's what you might have missed. president obama left hawaii early to get back to washington today. the senate is also coming back from christmas vacation today to work on a deal. now, sources tell us majority leader harry reid will push a scaled-back version of the fiscal cliff package that president obama laid out on friday, which moved the tax hike needle to $400,000. no word yet on when the house of representatives might come back, but democrats say the only hope we have of something getting through the house, the senate and the white house may be a very last-minute deal. cnn radio's lisa is following developments on capitol hill right now. the ball is in senate majority leader harry reid's court it would seem right now, lisa. >> that's right. harry reid and the senate seem to be the only game in town right now with the senate returning today. we also know from sources, ali, that over this christmas break there were no conversations between the president and top-level republicans. sources from both parties are telling us they are watching the senate, es
CNN
Dec 31, 2012 1:00pm PST
right now. including that so-called fiscal cliff. only seven hours until the ball drops for new year's. and seven hours till the united states formally goes over that fiscal cliff. a still combative president obama says an agreement is in sight and the senate leader mitch mcconnell says it's close as well. house republicans have decided they will not vote until after taxes have already gone up. they're supposed to go up after midnight. we have complete coverage of this breaking news story as well. let's begin this hour with our senior congressional correspondent dana bash. as we've been saying, we are going over the fiscal cliff. >> reporter: technically, that is true. house has decided that there's no point, from the perspective of republicans who run the house, to stay tonight, because the plan over the past two, three days, has been for the senate, which is down the hall behind me, tore vote on any kind of deal first, and then send it to the house. the senate isn't there yet. they're very close. but close doesn't give a bill to the people who need to write it and put it on the flo
NBC
Dec 29, 2012 5:00am EST
in hopes of a last minute deal to avoid the fiscal cliff. 11 news saturday morning starts right now. >> good morning and welcome to 11 news saturday morning. i'm jennifer franciotti. lisa has the weekend off. >> i'm barry sims. third time's a charm this week with the winter weather. a snowy day is on tap for us. let's get right to lou mowser to tell us all about it. >> some folks were expecting to see some snow when they woke up this morning. >> we were expecting it. >> some areas are seeing flurries right now. most are not. i think this is going to start a little bit later on them than what we anticipated. starting to show up on radar. let's show hd doppler right now. currently, the areas that you see in darker blue, that's where snow is falling. but, the whiter areas that's snow is coming down, but it's not hitting the ground. when you can see areas south of the dc area around annapolis. we're seeing a rain/snow mix that is starting to fall there. what's interesting is you see this area, this open area start to hagers town and comes down around winchester. that area is moving in h
NBC
Dec 28, 2012 4:30am EST
continues on capitol hill this morning there is new hope for a deal to avoid that fiscal cliff. president obama will be meeting with congressional leaders later today. nbc's danielle leigh joins us live with the latest on capitol hill. danielle, what is the datest in terms of what we can expect in the next coming days and the likelihood that they can reach a deal? >> reporter: mara, good morning. well, this meeting that is the last-minute meeting at the white house is going to be integral. they need to see progress in this meeting if they're going to get a deal done before midnight on monday. as you know, the senate came back early from the christmas holiday yesterday. but they didn't seem able to compromise. they continued the bickering. the house wasn't even here. they're not even in play yet. they're now coming back on sunday. so we really need to see congressional leaders see some kind of a plan that can be voted on before that december 31st deadline. lawmakers say it's getting decreasingly unlikely that's going to happen. many have serious doubts about whether or not they will get a
CNBC
Dec 31, 2012 9:00am EST
of the fiscal cliff situation, or do you actually see some new product, maybe an apple tv, spurring to 900? i would argue you need to see a new product in order to get there. >> i think apple always vacillates between the two extremes of fear and greeand ri hitting that kind of max fear point with people all worried about margins and what the future products will be. and what only kind of shatters that fear and gets people greedy again, what led to the big run-up this year, is when people realized that the current product portfolio are going to be much bigger than they expected. you were talking about the ipad mini. i still think that's one that's widely underappreciated. i think there's an opportunity for huge growth as ipad mini alone this year. i think we'll see iphone move to a six-month cycle instead of a 12-month cycle. apple's seeing that people anticipating a couple of quarters ahead and holding off on sales. so i think there will be new products, though. i think itv is definitely one. i think november is likely the target there. and i think 2013 is going to be the year we actually se
FOX News
Dec 28, 2012 12:00pm PST
the fiscal cliff, sometime in the new year, the tax issue will be addressed. >> trace: if there's a compromise, do we know how much house republicans are willing to give or accept? >> that's the wild card. of course the rank and file house members have been out since christmas, not due back until sunday. they feel they've acted. they voted to pass all bush tax cuts and found alternate cuts to the domestic and defense spending. they're waiting to see what the senate is willing to offer them. while republicans don't control washington, a democratic controlled united states senate runs the house and you need significant republican buy in for anything to become law. >> trace: mike, thank you. joining me, washington bureau chief for the "chicago sun-times" newspaper. lynn swede. we've got this meeting going on and the dynamics are fascinating. the president, john boehner, nancy pelosi, harry reid, mcconnell, you don't need his support because the democrat controlled center. it is a sit doesn't have a -- >> mcconnell is very important because in the senate, you need a super majority t
FOX News
Dec 28, 2012 10:00pm PST
america off the fiscal cliff. let's go to capitol hill fox news chief congressional correspondent mike emanuel live with the latest. >> we are heading into a critical weekend as a final push is made to keep the u.s. economy from going off the fiscal cliff. after a late afternoon meeting with the top four congressional leaders at the white house, president obama offered this assessment. >>> i'm modestly optimistic -- nobody is going to get 100% of what they want. but let's make sure that middle class families and the american economy and in fact the world economy aren't adversely impacted because people can't do their jobs. >> sources say house speaker are john boehner deferred to senate colleagues and told them house leaders would consider, accept or amend their plan. what s not expected to be included in any deal is increasing the debt limit, something democrats have wanted and republicans have resisted. >> we he haded a long meeting in the white house and it was constructive. we hope that it will bear fruit. but that is what we hoped a lot. i think that the next 24 hours will be very
FOX
Dec 31, 2012 7:00am EST
with a closer look at the fiscal cliff negotiation. >> and we'll check in on the final preps in new york before tonight's main event. >> and as we head to break, let's take a live look outside. the latest weather and traffic from tucker and langdon coming up next. time now is 7:25. dinner's ready. [ female announcer ] hamburger helper stroganoff. beefy. creamy. stroganoffy. helpers. forty dishes, all delicious. i just finished a bowl of your light chicken pot pie soup and it was so rich and creamy... is it really 100 calories? let me put you on webcan... lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. >>> welcome back. hundreds of thousands of people will pack times square tonight to ring in 2013 and make sure everything runs smoothly, yesterday workers tested the iconic crystal ball that will drop. decorated with 32,000 lights and new york city police will observe a tradition of their own keeping an eye on public safety. every year, thousands of extra officers to assist with crowd control there. >> for anyone partying
PBS
Dec 24, 2012 4:30pm PST
will celebrate new year's eve at work-- if not resolving the fiscal cliff, at least trying to avoid the blame. darren gersh, nbr, washington. >> susie: going over the fiscal cliff will not only have an impact on the national level, it will also hit states and eventually cities. if lawmakers fail to reach a deal before january 1, the cliff's across the board spending cuts and tax increases will impact how much money states get from the federal government. ruben ramirez reports from washington. >> reporter: we all know the numbers. failing to reach a deal by january 1 will result in $109 billion in automatic cuts to federal spending. and while that's a big number, what matters most to states and municipalities is the small print, detailing just where those cuts will happen. and standard & poors' gabe pettek says those details could still be months away. >> even if the policymakers in washington, d.c., resolve the immediate issue before january 1 or shortly thereafter, we think there are going to be several details related to the administration of tax policy and the way the federal government sp
PBS
Dec 24, 2012 7:00pm PST
'll get some resolution to the fiscal cliff, whether it's right now or whether it's soon after the new year, i think we will see some kind of resolution. that will be good for markets, good for business, good for investors. so i'm going into 2013 wanting to be long some really good high quality companies that i know can accrue returns for investors over time. and i don't want to think with the next few months. >> tom: let's focus on the next year ahead. what about volatility, do you think you'll need an iron stomach to be a stock investor? >> i think investing in stocks, in equities comes volatility. we're not buying bonds here, we're not sticking the cash in our mattress in our beds. so i think with investing if you're going to be an investor you have to be able to handle the ups and downs that come with investing in stocks. now, here's what i think most investors should do out there, which is diversify. i really want you thinking about owning dozens of stocks to help mitigate some of that volatility you will see as investing in stocks. >> tom: you've brought two along for the next ye
MSNBC
Dec 31, 2012 2:00am PST
the fiscal cliff, last second deal is it possible? kim kardashian and kanye west expecting a baby. new year's eve preps and the new york giants open their hearts to the families of newtown, connecticut. >>> very good morning to you. nice to see you this morning. we begin with secretary of state hillary clinton in the hospital. clinton was admitted to new york presbyterian hospital after a blood clot stemming from the concussion she sustained. cloth was discovered during a followup exam on sunday. she's being treated with blood thinners and doctors will monitor the medication over the next two days. the 65-year-old clinton fell and suffered a concussion and fainted while home alone in december as she recovered from a stomach virus. clinton had been planning to return network this week. >>> it is crunch time on capitol hill. senate and house negotiators have a few crucial hours left to come up with a compromise to avert the looming financial mess. if they don't here's what will happen. everyone's tax rates will go up. $1.2 trillion in federal spending cuts kick in. the payroll tax holiday ena
CNBC
Dec 28, 2012 3:00pm EST
griffith. we're just three days away from the new year. still no fix on the fiscal cliff, but there are developments right now, as you know. brian just mentioning there. various congressional leaders and the president getting set to meet at the white house this hour to work on last-minute negotiations all in an effort to avoid those series of tax increases and spending cuts due to take effect next year. what we hear is the senate leaders are there. speaker boehner and minority leader nancy pelosi have yet to arrive, but now we're showing you live pictures. maybe somebody is going to get out of that car, and we'll see if any of the other leaders will be heading to the white house. this is speaker boehner right now heading into the white house. we'll keep you updated as this hour progresses here. >> indeed, meantime, more red arrows here on wall street as investors are awaiting for any signs of progress from the white house meeting which is about to get under way. right now we're sitting smack on 13,000. we've clawed back from being below that earlier on today. the nasdaq h
CNBC
Dec 28, 2012 7:00pm EST
in washington. there's no deal, no new offer on the fiscal cliff crisis. president obama has just told the two senate leaders they should make the deal. the results immediately felt in the financial markets. look where the dow closed down 158 points when it became very clear nothing was happening and now take a look at where the numbers are in the after markets. we would open now down 315 points on the dow if we started trading now. down 315 points. we have much more on this throughout the rest of the program, but the market's very unhappy. we do have some good news to report tonight. looks like at least one cliff has been averted for the time being. the so-called container cliff. the union that represents dock workers and u.s. maritime lines came to an agreement today to extend their current contract for 30 days. this is a big relief now for the retail industry and consumers who were staring at real destruction again for the supply chain. here now is jonathan gold and he's vice president of supply chain and customs policy for the national retail federation. jonathan, good to see you. >> miche
MSNBC
Dec 27, 2012 4:00pm PST
with the fiscal cliff? ask "the new york post." there she is on today's front page leaping off an actual cliff. "off the fiscal cliff, this fall is really going to hurt." that's what they said. >>> up next, it used to be a favorite republican pastime, going after hillary clinton. it hasn't happened for a while, of course, but what if she does run for president? how could they resist doing it again? you're watching "hardball," the place for politics. check out my new treadmill app. pretty sweet, huh? cute. but don't you have any apps on your phone that can make your life easier? who do you think i am, quicken loans? at quicken loans, we'll provide you with myql mobile. this amazingly useful app allows you to take pictures of your mortgage documents using an iphone or android smart phone... so you can easily send them to us. one more way quicken loans is engineered to amaze. ooh, la-la! >>> i'm craig melvin. we have some breaking news at this hour. nbc news laz learned president obama will host a meeting tomorrow afternoon with congressional leadership from both sides of the aisle. house this re
ABC
Dec 24, 2012 2:30am EST
, everyone goes oh, this is why the fiscal cliff was important. >>> in other news this morning, retail analysts blame worries of that fiscal cliff and other issues for a slump in holiday shopping. sales fell more than 4% during the second week of december. but overall sales should be up 2.5%. online sales are up more than 8% through saturday to an estimated $48 billion. you done with your shopping? >> i got most of it done. my husband is going to have to finish it off for the rest of the family because i don't have anymore time. >> perfect excuse. >> and he's happy to do it. mother nature is getting into the holiday spirit with christmas lights of her own. listen to this, jupiter and the moon will be in conjunction tomorrow evening, but they're already close together in the sky. and bright enough to be visible around the world, even in big cities. >> and with a home telescope you'll be able to see the storms on jupiter and the four largest moons, as well as the mountains and the craters there on the moon. even with the naked eye, believe it or not, you'll still be able to check out thi
CNN
Dec 30, 2012 6:00am PST
. we have to take a quick break. the fiscal cliff has the president sounding like new york yankees legend yoeg gi ber ra. >> this is deja shz vu all over again. americans want to know why you can't get stuff down in an organized timetable. >> so if we all saw it coming, why did congress wait so long to do something about it? why do toys for tots and hasbro trust duracell to power their donated toys? duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. duracell with duralock. trusted everywhere. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. >>> we are back. let me just go back to one point, and that is there are people sitting around wondering whether their taxes will go up. i want to ask you again about the chances of you think of something passing. senator lindsey graham thinks the chances are exceedingly good and, quote, the presiden
CNBC
Dec 26, 2012 4:00pm EST
and counting before we fall off the so-called fiscal cliff and while there's no deal, more news out of washington and our very own john harwood is there. >> reporter: mandy, we've got a letter from the republican leadership to the president and to the democrats in the senate saying that the house has acted, they passed legislation last year to extend all the tax cuts and to shift the scheduled sequester cuts from defense to domestic programs, but, of course, in urging the senate to act saying, well, we've acted, now it's your turn, we're simply not going to see the democrats take them up on that because president obama since that letter has won the election and now we're looking at the possibility of a mini deal that would get enacted before january 1st but so far all we've heard are the sounds of silence in the negotiations. a senior white house official told me today when i asked was there any holiday season progress, back channel progress over the past couple of days, got a one-word reply, no. second, the democratic senate leadership says there's a 50/50 chance that we'd get a de
CNN
Dec 29, 2012 3:00pm PST
as president obama and republicans stare down the fiscal cliff deadline. >>> plus, a new worry for hundreds of american families who want to adopt. we'll tell you what is behind the controversial move by russian lawmakers. >>> and a new exposes what it calls the gun next door. is it a way to protect communities against gun violence? welcome to united states and around the world, wolf blitzer is off. i'm candy crowley. you're in "the situation room." >>> washington is a deadline-oriented city, and this coming week brings one that is a real doozy, billions in tax increases and across-the-board spending cuts take effect. it forces members of congress and president obama to spend the last few days of 2012 on the job. we want to bring in cnn chief white house correspondent, jessica yelen, we all know they would rather celebrate new year's eve elsewhere. how did they get here? >> reporter: it is such a good question, you know, candy, this grid lock in washington creates the eye-rolling. but the fundamental question goes to the essential differences between the two parties about the role of govern
CNBC
Dec 28, 2012 6:00am EST
to avoid the fiscal cliff. >>> the dow erases a 150 point decline on news that the house will be back in session on sunday evening. and time is rubbing out to avoid a strike at 14 major east coast ports. a work stoppage to cost the economy $1 billion a day. it's friday, december 28th, 2012. and "squawk box" begins right now. >>> good morning and welcome to "squawk box" here on cnbc. and it does feel like we're living a bit on the edge of the fiscal cliff, at least. i'm andrew ross sorkin along with joe kernen and becky quick is off today. our guest host this hour, ed kehone. he's the management associate portfolio manager and we are thrilled to have ed aboard for -- i think you'll be here for longer than an hour. you'll be here for the whole broadcast. >> as long as you need me. >> you're like -- how long were you at -- you were at prudential. >> it's owned by prudential, so i've been at peru don'tal for almost 15 years now. >> widely quoted. you know who has made a comeback is ralph -- >> akampora. >> i've seen him around. do you remember his nickname? >> i don't. >> wha
CNBC
Dec 26, 2012 6:00am EST
percent and nervous about tax hikes due to the fiscal cliff and we have our julian robinson news, that he is a fake -- not he is a fake but the tweet is. we have been investigating this. it said congrats dick tracy, you must be having a pretty busy day today. >> it's not like it took hours and hours of your time. >> i know. there's not a tlot of news out there post christmas. >> julian would not try to talk about his book this way. >> you can follow me now. did you re-tweet my happy birthday? >> by the way, the fake julian robertson has 3100 followers by the way. >> oh, god. >> joining us to talk about the prospects for a deal to avoid the fiscal cliff, congressman jim himes, democrat from connecticut. congressman, there are some in both parties, i don't know, maybe they wouldn't admit it, they don't think it's the worst thing in the world to go over temporarily. where are you? >> you know, i think there's some chance we get a deal in the early weeks of january which means technically you are going over the cliff. if you vote on the deal that john boehner couldn't get done in his conferen
FOX Business
Dec 26, 2012 11:00am EST
markets next. we will see if there is a new word there about the fiscal cliff. we found some more winners on the nasdaq. ♪ with fidelity's new options platform, we've completely integrated evy step of the process, making it easier to try filters and strategies... to get a list of equity option.. evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens and i helped create fidelity's options platform. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. dagen: japan's new prime minister vowing to tighten ties with the u.s. as he works to revive the economy. some worry he will pay little attention to funds needed for growth. how does that sound familiar. the japanese market light to the news. the nikkei trading higher today. let's take a look at the ten year treasury. a gauge of how much work the federal reserve is doing by those very treasuries. it is down a little bit today. four more on that, let's bring in chris aarons from ubs. fiscal cliff, what happens to i
FOX News
Dec 28, 2012 7:00pm PST
to monitor here on the fox news channel america on the brink. the latest on the fiscal cliff. let not your heart be troubled. that is all the time we have left but greta is standing by to go on the record. we'll see you back here monday captioned by closed captioning services, inc. >> greta: this s a fox news alert. 74 hours to go before president obama, the senate and the house shove america off the fiscal cliff. let's go to capitol hill fox news chief congressional correspondent mike emanuel live with the latest. >> we are heading into a critical weekend as a final push is made to keep the u.s. economy from going off the fiscal cliff. after a late afternoon meeting with the top four congressional leaders at the white house, president obama offered this assessment. >>> i'm modestly optimistic -- nobody is going to get 100% of what they want. but let's make sure that middle class families and the american economy and in fact the world economy aren't adversely impacted because people can't do their jobs. >> sources say house speaker are john boehner deferred to senate colleagues and told th
MSNBC
Dec 30, 2012 5:00pm PST
." >>> it is 8:00 on east coast. a lot to tell you about the fiscal cliff. first, breaking news. we just got this from the associated press. secretary of state hillary clinton has been admitted to the hospital with a blood clot. following that concussion, you'll remember, she suffered a concussion after becoming severely dehydrated and she fell earlier this month. we should say, nbc news has not confirmed this report. let's go to nbc's kristin welker, who is at the white house. my understanding was, kristin, she had been expected to go back to work soon. >> reporter: that was our understanding. secretary of state, officials with the department, essentially saying that she was getting better, they expected her to return to work soon. of course, we learned about the fact that she was not feeling well, that she was ill, she had the flu a couple of weeks ago, and then a couple days after that, we learned that she became dehydrated, fell, suffered a concussion, as you said. at that point in time, officials with her department said she was at home, he was resting, she was getting medical care, she
FOX
Dec 30, 2012 9:00am EST
ticking toward the fiscal cliff, it is crunch time on capitol hill. ♪ >> chris: as the new year rings in, we are headed to a major financial hangover. what happens if big tax hikes and spending cuts take effect? will washington come up with a last-minute compromise? plus, where are we headed on new demands for gun control? and, will we ever get all of the answers to the benghazi terror attacks? we'll cover a lot of ground when we sit down with two leading senators: democrat dianne fein and republican lindsay graham. also with 2012 in the rearview mirror we look ahead to 2013. our sunday panel weighs in on what we'll be talking about in the coming year. all, right now, on fox news sunday. ♪ >> chris: and hello, again from fox news in washington. well, it turns out the fiscal cliff is going to be a cliff-hanger. with less than two days until the new year, senate leaders are still trying to work out a deal, to avoid tax increases on almost every american. but, any compromise will do close to nothing about our debt problem. joining us now, to discuss what kind of deal they will and won't v
FOX
Dec 31, 2012 5:00am EST
this. the fiscal cliff fight, still no agreement but we could get word of new developments later on this morning. stay with us. we'll be right back. ht back.  >>> take a live look at udc right now, an area down there and pretty quiet as you can imagine. new year's eve, a lot of people are still off for the holidays and it is good that they'll be off because it is pretty cold. you don't want to be out there having to deal with your morning commute today. that is for sure. >> a few stragglers i saw -- >> redskins celebrating? >> a few stragglers from late night celebrations. >> they'll be celebrating tonight because of the new year. >> it is cold out. temperatures at or below freezing. so if you are growing to be straggling out and about the next couple of hours or so, make sure you have a hat and coat. >> the big puffy. >> yeah, you will want it all week because temperatures will only be in the 30s. today, we'll be in the 40s for daytime highs and we're not there yet. 30 in washington. 20 in pittsburgh. columbus, 20 degrees. let's see. 22 in boston. 30 in new york city. and once
NBC
Dec 28, 2012 4:00am EST
if we go over the fiscal cliff, retroactively fix those tax increases and spending cuts. but, mara, the big question is what is even an temporary uncertainty going to do to the stock market. >> danielle leigh, thank you for that report. >>> the nation is mourning the loss of one of the great military leaders of our time. retired four star general norman schwarzkopf died in his home in tampa, florida. the cause of death is unknown. he was 78. known as stormin' norman was movies famous for leading the victory in 1991. under schwarzkopf's command he earned two purple hearts. the white house is calls schwarzkopf an american original. general colin powell said of his friend that he, quote, not only inspired his troops but as inspired the nation. schwartz cough is survived by his wife brenda and his three children. >>> former president george h.w. bush remains in the hospital in houston recovering from a terrible case of bronchitis which has triggered a series of complications. while mr. bush's condition is serious, in an e-mail yesterday, a spokesman said the former president hasn't los
CNBC
Dec 27, 2012 7:00pm EST
on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not entirely clear at this point when that meeting will take place and details are still being hammered out and we saw today a blistering series of rhetorical jabs from one side to the other and it's not clear as a result of all that whether a deal can, in fact, get hammered out in the remaining time before new year's eve and take a listen to senate republican leader mitch mcconnell earlier today explaining the problems he's facing in washington. take a listen. >> the truth is we're coming up against a hard deadline here and as i said, this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> we do know that the house of representatives has been told that the members there should be back in town here in washington
CNN
Dec 28, 2012 8:00am PST
. >> how are the markets doing today with all the news about the fiscal cliff and going over it being a possibility? >> markets are selling off just a bit. the dow is down 75 points. with rumors of congress coming back into session over the weekend, we did see the markets turn around a bit yesterday. now the selloff continues. there's just not a lot of confidence that a deal can get done. the reason you're seeing the dow down 76 points. >> all right, alison kosik at the new york stock exchange. thank you. >>> chicago reached a dubious milestone overnight. a shooting victim on the west side became the city's 500th homicide of the year. police say the 40-year-old man was shot in the head outside a convenience store. no arrests were made. chicago has been struggling for decades to overcome an epidemic of gun violence. this year's figures are 17% higher than last year. but it's still just half the murder rate of 20 years ago. according to chicago police statistics, 943 homicides were recorded in 1992. >>> in suburban st. louis, let's just say an alleged shoplifter picked the wrong store o
CNBC
Dec 27, 2012 1:00pm EST
leader harry reid says the u.s. is probably going over the fiscal cliff. he's planning a news conference. we don't have the exact time. when it goes, we'll go there. investors getting quite nervous. obviously the dow dropping below 13,000. the first time since early december. fear index is spiking the vick. what going over the cliff will mean for you and your money. we will talk about it this hour. >>> airline stocks flying high sitting at 1 1/2 year highs. will it be smooth skies for the industry next year in 2013. phil lebeau has the report. >>> how about housing? what a story housing has been this year. a milestone. home prices on track for their first year-over-year gain since 2006. is the worst finally over? some say yes, others say no. what does michelle caruso-cabrera say. >> tyler, let's drill down to the numbers you were talking about. only four hours to go until america goes over the fiscal cliff. the dow jones industrial average down 113 points. had been down 148 points. look at that as we come on the air back above 13,000 level, not by much. the nasdaq, the biggest decline. 3
CBS
Dec 29, 2012 5:00am PST
fiscal cliff and what appears to be a new sense of optimism about finding a path around it. there isn't much time. just three days for the president and congressional republicans to find common ground on taxes and spending. for the latest let's go to chief correspondent at the white house major garrett. good morning. >> good morning, rebecca. president obama met with the four top leaders yesterday. he met for just over an hour. now, earlier in the fiscal cliff talks, meetings like this had tended to be tense and nonproductive but this meeting gave rise to hopes of a last-minute deal. for the first time in weeks president obama reported genuine progress to averting some part of the so-called fiscal cliff. >> i'm modestly in agreement we'll achieve. >> they're now chasing a much smaller deal than originally sought. the final product if there is one will not include trillions in debt reduction or federal spending or tax code reform. it won't even include across the board spending cuts. it will focus on tax rates and a few spending items. >> that's the bearare minimum we
CBS
Dec 29, 2012 8:00am EST
." 3, 2, 1... [ giggling ] >>> when the clock strikes midnight on new year's eve, fiscal cliff or not there will be some unprecedented confusing tax changes that will affect nearly everyone's pocketbook. so here to help you get your financial life in shape for 2013 we deev sided to turn to the woman i've been turning to my whole life my mom. she's the financial columnist for the "chicago tribune" and author of "saving like a paper." this is a treat. >> thanks for having me. >> how much does the fiscal cliff impact what we're saving on taxes? >> well for middle income people, the tax increase is going to be about $2,200 and for higher income people that's the part that's been talked about a lot, people with $200,000 in income or $250,000 per couple. they're going to get hit. then there's also going to be increases in the dividends that you pay, the dividend income that you get. there's going to be increases in capital gains taxes. >> mom, when it comes to budgeting for the future you've always taught me to put money aside in my 401(k). it was the thing yo
FOX News
Dec 27, 2012 8:00am PST
was 75 years old. harris: new information now on the so-called fiscal cliff. if congress and the president can not find a solution most americans will see thousands of additional dollars taken out of their paychecks next year and on top of that you will be paying even more at the grocery store. for example, no compromise means milk subsidies will end. and the cost for a gallon of milk could double. dominic di-natale has latest details from los angeles. so, dominic, has the fiscal cliff crisis gotten so bad that even the price of milk is being affected? >> reporter: certainly is, harris. can you imagine milk hitting six to eight bucks a gallon? we're heading toward that because a new farm bill stalled in congress. under a archaic 1947 law, unless the new bill is passed by december 31st, the government will be forced to buy vast quantities of milk at twice the wholesale rate. two bills are in congress. the senate passed one for $23 billion in savings. the house is looking to enact 35 billion. the sticking point the full house of representatives hasn't approved the bill. >>
CNN
Dec 27, 2012 6:00am PST
jobs report and the big worry, carol, that's hanging over all of this is the fiscal cliff. although we're still in the middle of wondering what congress is going to do about it, companies are already holding back hiring so that is clearly impacting the jobs market but the good news once again is the layoffs are slowing, down 12,000 to 350,000 last week. carol? >> thank you very much, washington. alison kosik thank you so much. >>> growing outrage over the decision of a new york newspaper to publish a map with the names and addresses of people who have gun permits. the interactive map was created with information available publicly. it pinpoints the location of legally licensed permit holders for handguns. we reached out for a statement from the newspaper, it sent us this, "the massacre in newtown, connecticut, remains at top-of-mind for many of our readers. or readers are understandably and keenly interested to know about who owns guns in their neighborhoods." scott summervila is president of the westchester new york fire owner association. he is on the list and joins me this morning.
FOX
Dec 31, 2012 2:00am PST
out the fiscal cliff is going to be a cliff-hanger. with less than two days until the new year, senate leaders are still trying to work out a deal, to avoid tax increases on almost every american. but, any compromise will do close to nothing about our debt problem. joining us now, to discuss what kind of deal they will and won't vote for, are two key senators, democrat dianne feinstein and republican lindsey graham. senators, welcome back to fox news sunday. >> thank you. >> good morning. >> chris: senator graham, a couple of days ago you said you thought we were going to go over the fiscal cliff and now we are in the midst of a lot of last-ditch bargaining between the senate leaders, reid and mcconnell, what are the chances for a small deal in the next, less than 48 hours to avoid the cliff. >> exceedingly good. i think people don't want to go over the cliff, if we can avoid it. i think, whatever we accomplish, political victory to the president, hats off to him, he stood his ground and will get tax increases, maybe not 250 but upper income americans and the sad news is we have accomp
CNN
Dec 29, 2012 9:00am PST
between the lawmakers and president obama to try to avoid going over the fiscal cliff that comes on new year's day. but after a meeting at the white house, the president said he is hopeful. >> i just had a good and constructive discussion at the white house with senate and house leadership about how to prevent this tax hike on the middle class. and i'm optimistic we may still be able to reach an agreement that can pass both houses in time. senators reid and mcconnell are working on such an agreement as we speak. >> cnn's chief business correspondent ali velshi joins us from new york with some very good insight. senate majority leader harry reid has said if they don't reach something by monday he'll bring forward a bill to help out the middle class for an up-and-down vote. >> right. >> put everybody on the record, but especially republicans. isn't that the tactic? >> exactly right. the step before that is harry reid is working on some bill that might get bipartisan support in the senate. president obama in that meeting apparently told them try and work something out. and reid left and ma
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